Is there a time limit on extensions?. This could drag on for months otherwise. Clearly no one is selling at their asking price. Maybe they are extending to allow them to buy more on market while the 'takeover' artificially keeps a lid on the share price.
Ann: Eastern Field Developments Ltd - Extension of Offer Period, page-2
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Last
$4.21 |
Change
-0.070(1.64%) |
Mkt cap ! $205.4M | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.35 | $4.16 | $898.3K | 212.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2636 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.23 | 583 | 1 |
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| FND (ASX) Chart |